Tag: workforce restructuring

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
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HP Plans Up to 6,000 Global Job Cuts as AI Strategy Expands

HP has announced plans to cut between 4,000 and 6,000 jobs globally by fiscal 2028, part of a multi-year restructuring effort aimed at simplifying...

Oracle Cuts Cloud Jobs Amid AI Infra Push

Oracle has laid off over 150 employees in its cloud infrastructure division, primarily in the Seattle area, as part of a broader effort to...

Microsoft Plans More Layoffs, Focuses on Engineers

Microsoft is reportedly preparing for another round of layoffs by May, with the primary focus on reducing middle management and non-technical roles. The aim...